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Cometum Pre-IPO Bonds · Offerings Overview

The private-market leaders.
One bond away.

Structured secondary-market access to the most sought-after private companies — issued as German securities, exclusively for professional investors as defined by MiFID II.

The bonds offered are entrepreneurial investments with risks. In principle, a total loss of the invested capital cannot be ruled out.

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Artificial Intelligence · Frontier LLMs

OpenAI

Entry valuation cap USD 1.36T (non-binding) · Record round $852B (Mar 2026), IPO filed

ISIN DE000A4AVXM3

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Financial Technology · Payments Infrastructure

Stripe

Entry valuation cap USD 209.2B (non-binding) · Tender $159B (Feb 2026) · Secondary ~$176B (Jun 2026)

ISIN DE000A4AVXR2

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Defense Technology · Autonomy

Anduril

Entry valuation cap USD 155.0B (non-binding) · Series H $61B · New round in talks at ~$100B (Jul 2026)

ISIN DE000A4AVXG5

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Neurotechnology · Brain-Computer Interfaces

Neuralink

Entry valuation cap USD 63.1B (non-binding) · Secondary ~$28–42B (Sep 2026) · Series E $9.65B

ISIN DE000A4AVXL5

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Market Infrastructure · Prediction Markets

Polymarket

Entry valuation cap USD 18.8B (non-binding) · Round at $15B (Apr 2026) · New round in talks at $20B+ (Aug 2026)

ISIN DE000A4AVXP6

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Artificial Intelligence · European Frontier Models

Mistral AI

Entry valuation cap USD 41.0B (non-binding) · Series D €21B+ (~$24B, Sep 2026)

ISIN DE000A4AVXK7

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Artificial Intelligence · AI Answer Engine

Perplexity

Entry valuation cap USD 33.9B (non-binding) · Series E-6 $23B (Jan 2026) · Secondary ~$20B (Sep 2026)

ISIN DE000A4AVXN1

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Defense Technology · AI Pilot Software

Shield AI

Entry valuation cap USD 21.4B (non-binding) · Series G $12.7B (Mar 2026)

ISIN DE000A4AVXQ4

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Generative AI · Cinematic Video

Higgsfield AI

Entry valuation cap USD 12.8B (non-binding) · Series B2 $9B (Sep 2026)

ISIN DE000A4AVXH3

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Digital Assets · Crypto Exchange & Infrastructure

Kraken

Entry valuation cap USD 14.6B (non-binding) · Round at $20B (Nov 2025) · Secondary ~$9–12B (Sep 2026)

ISIN DE000A4AVXJ9

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Artificial Intelligence · Frontier LLMs

Anthropic

Entry valuation cap USD 1.87T (non-binding) · Series H $965B · Secondary ~$1.05–1.2T (Sep 2026)

ISIN DE000A4AU9L3

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Important Information

All offerings shown are intended exclusively for professional clients as defined by MiFID II. Buyers of a bond assume a significant risk, which can lead to the complete loss of the invested capital. This overview is non-binding promotional material and does not constitute financial or any other investment advice. Only the information provided in the respective issuer's offering documents, i.e., the terms and conditions of each bond and its risk notice, are decisive for the assessment of the respective bond. Valuation figures shown are indicative, based on public data and market research, and do not necessarily reflect Cometum's entry price. The information on this website does not constitute an offer. It is a non-binding invitation to professional clients to express interest (no offer). This website is operated by Cometum Direct Invest GmbH & Co. KG (the Issuer). All contents of this website are contents of the Issuer and are the sole responsibility of the Issuer.

Note: Entry valuation caps are indicative and non-binding. Distribution partner costs of up to 10% are reflected in the cap. In practice, orders are usually executed at around the current secondary market valuation, below the cap; by placing an order, investors consent to execution at any level up to the cap.